Finance
Brokerages join \'value-up\' boom with record shareholder returns
South Korean brokerages are announcing unusually large shareholder return policies ahead of annual meetings. Korea Investment Holdings approved a cash dividend of 8,690 won per common share, up 118.1% from a year earlier. Mirae Asset Securities combined cash and stock dividends and included a treasury share cancellation. Samsung Securities and Kiwoom Securities set high per-share dividends, while smaller firms such as Hanyang Securities and DB Securities posted high dividend yields.
